Answer:
Explanation:
The computation is shown below:
Corporate tax = (Taxable income - bonus expenses) × corporate tax rate
= (925,000 - $153,000) × 21%
= $162,120
The corporate tax rate is 21% and we take the same for computation
Shareholder tax = Bonus expenses × marginal tax rate
= $153,000 × 35%
= $53,550
So, the total income tax would be equal to
= $162,120 + $53,550
= $215,670
Answer:
Average fixed cost is $1
Explanation:
Given that
Total cost = 10000
Variable cost = 5000
Output = 5000
Recall that
Total cost = fixed cost + variable cost
Fixed cost = total - variable
Fixed cost = 10,000 - 5000
FC = 5000
Also,
Average Fixed cost = fixed cost / output
Thus = 5000/5000
= $1
Therefore, Average Fixed cost is $1.
Also note that
Average variable cost, AVC = $1
Average Total cost, ATC = $2
Answer:
b. 4 percent
Explanation:
According to the rule of 72, hte number of years required for an investment to be doubled can be obtained by dividing 72 by the interest rate (in percentage). If it takes 18 years for the investment to bouble in value, the interest rate is:
The interest rate on the deposit is 4%.
The correct answer is a Car salesman
Explanation:
Event planners are professionals in planning and organizing events, which includes weddings, conferences, birthday parties, festivals, among others. Moreover, planning events involves multiple elements such as music, food, decoration, among others and this makes event planners be in contact with vendors (companies or people that sell specific products or services).
In this context, an event planner is likely to be in contact with musicians because music is an essential element in many events, caterers because food is quite common in events, and florists because flowers are often used as part of the decoration. However, it is not likely event planners are in contact with a car salesman because most events do not require buying cars and this is not a common element in events.
C) rating because the others don’t make sense so it is C) rating.
